You are currently viewing Uber-Careem set to merger after green light from CCP

Uber-Careem set to merger after green light from CCP

ISLAMABAD: Following a nod from CCP, Uber-Careem will merger shortly.

CCP in its Phase II-Order, has imposed certain conditions on Uber to address the competition concerns regarding an increase in prices of products or services, discriminatory pricing, degradation in quality of services, and possible lack of innovation.

Uber will have to maintain the contractual service fee for UberGo and UberMini across all drivers nationwide, in the range of 22.5-27.5pc. According to sources this is supposed to ensure that drivers do not see a decrease in their earnings.

 

Tags: , , ,

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.